Current Attempt in Progress The condensed financial statements of Oriole Company for the years 2021 and 2022 are as follows. ORIOLE COMPANY Balance Sheets December 31 (in thousands) 2022 2021 Current assets Cash and cash equivalents $276 $338 Accounts receivable (net) 610 540 Inventory 520 450 Prepaid expenses 130 160 Total current assets 1,536 1,488 Investments 150 150 Property, plant, and equipment (net) 464 380 Intangibles and other assets 530 532 Total assets $2,680 $2,550 Current liabilities $960 $930 Long-term liabilities 540 440 Stockholders' equity-common 1,180 1,180 Total liabilities and stockholders' equity $2,680 $2,550 ORIOLE COMPANY Income Statements For the Year Ended December 31 (in thousands) 2022 2021 $3,860 $3,520 Sales revenue Costs and expenses Cost of goods sold 970 830 Selling & administrative expenses 2,400 2,330 Interest expense 10 20 Total costs and expenses 3,380 3,180 Income before income taxes 480 340 Income tax expense 192 136 Net income $288 $204 Compute the following ratios for 2022 and 2021. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%.) (a) Current ratio. (b) Inventory turnover. (Inventory on December 31, 2020, was $380.) (c) Profit margin. (d) Return on assets. (Assets on December 31, 2020, were $2,290.) (e) Return on common stockholders' equity. (Equity on December 31, 2020, was $930.) (f) Debt to assets ratio. (g) Times interest earned. Current ratio. Inventory turnover. Profit margin. Return on assets. Return on common stockholders' equity. Debt to assets ratio. Times interest earned. 2022 1.6 :1 % % do % % times 2021 1.6 :1 % % di % di % times